Settings and activity
35 results found
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11 votes
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39 votes
Thanks for your patience, it’s been a little while since you raised this idea, so we wanted to check in. Looks like this idea has been gaining support from our product idea community! Whilst there's no committed road map for this idea, our product team are focused on payrol. They're keeping an eye on this idea and we will continue to share updates as things evolve.
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Optimus Fintech
commented
Here is another alternative choice to ease your reconciliation.
An error occurred while saving the comment Optimus Fintech
commented
For additional assistance and purpose of AI in payment reconciliation practices and information, you can also check us at:
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9 votes
An error occurred while saving the comment Optimus Fintech
commented
Payment reconciliation in bulk is seamless when you enable ON the required settings and details and share them in high volume. To know how to achieve it, refer this link: https://optimus.tech/product/payment-reconciliation
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16 votes
An error occurred while saving the comment Optimus Fintech
commented
If you're still looking for payment reconciliation practices in part or full, you can also check it here: https://optimus.tech/product/payment-reconciliation
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581 votes
Hi everyone, thanks for continuing to share feedback about paying multiple bills in foreign currencies with us here.
As mentioned in my last update UK organisations can use our online bill payments solution with Crezco to pay international suppliers.
UK businesses can now use open banking to pay suppliers in 180+ countries, including in EUR, USD and AUD, either individually or in batches. Payments can be prepared by a team member, authorised and tracked in Xero.
To share further progress in the US we've launched online bill payments through Melio, which includes ACH and international or cross-border payments.
We've also launched a bill payments solution for AU with AirWallex that's currently in early access. This doesn't yet support paying in foreign currency however this functionality is high on our radar as we continue to develop this experience.
We’ll continue to share progress as the further regional capabilities develop. Thanks
An error occurred while saving the comment Optimus Fintech
commented
For additional AI related, single, and bulk payment reconciliation ideas and solutions, you can check this link or can visit us to get immediate assistance.
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6 votes
An error occurred while saving the comment Optimus Fintech
commented
If you're still looking for invoices to increase or decrease the entire reconciliation process, here is the reference link that might fetch you a plan for it.
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179 votes
Hello everyone, appreciate all your feedback here. To be upfront, we don’t have any plans to develop the ability to reconcile clearing, control and non-bank accounts in the near future.
Some of the technology improvements going on across Xero will create more opportunities for us to explore extending some of the more complex functionality from one part of Xero to another. However, we are some way off from this yet.
That being said, there is the Account transaction report that could be handy in providing a view of both sides of a transaction in Xero. You can include the related account as a column in the report - See more in our help article on this.
Alternatively, if you’re using an external system, you could look into the Xero App store.
Appreciate there are also lots of ways others are using Xero’s to fit their needs - If you…
An error occurred while saving the comment Optimus Fintech
commented
To achieve full accuracy in financial reconciliation practices, you can check the following page to track the working source:
Optimus Fintech
supported this idea
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40 votes
An error occurred while saving the comment Optimus Fintech
commented
For effective and customized bank reconciliation practices, here is the web link that might fetch you the needed insights.
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105 votes
An error occurred while saving the comment Optimus Fintech
commented
You can also check with Optimus Bank reconciliation team for expert advice on bank reconciliation to sort this out.
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34 votes
Thanks for sharing your feedback on this idea, everyone.
We’ve recently introduced a feature that may help with some of the needs raised here, and we’d be really interested to hear whether it’s useful for your workflow.
Many organisations now have access to Smart Document Capture, with the rollout still continuing across regions. This feature allows you to upload files into Xero, review the extracted information, and create transactions from those documents, including spend and receive money transactions.
You may also find importing a pre-coded CSV bank statement helpful, particularly if your organisation doesn’t have a bank feed available.
To be transparent, we don’t currently have plans to support importing received payments. That said, we’d encourage you to try these features and let us know here how they work for you, and whether there are still gaps for your use case.
An error occurred while saving the comment Optimus Fintech
commented
For more new ideas about banking reconciliation practices, visit this webpage: https://optimus.tech/knowledge-base/bank-reconciliation
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11 votes
Thanks for the idea, Garrett. This isn't in any plans at the moment, but we'll keep an eye on it as the team are thinking about this in the wider context of the bank reconciliation process.
In the meantime a workaround could be to include those details in the title of your bank rule. For example Supplier Name - Motor (20% VAT)
An error occurred while saving the comment Optimus Fintech
commented
According to tools analysis, Rules are not fully viewable unless you have access to pro or premium upgrades. If you still would like to know what rules are applied behind the financial reconciliation screen, I would help you to check the following links to understand it.
https://optimus.tech/roles#operations
Trintech
blackline -
270 votes
Hi team, we get how searching across bank accounts would be useful when looking for a specific transaction.
While our product team have reviewed this idea, we don't have any plans for developing this capability in the short term.
That doesn’t mean it’s off the table, and we'll continue to assess the interest from community in this as we keep planning our roadmaps.
If things change we'll gladly share with you all here.
In the meantime, you can use the search in Xero and filter by bank transactions. It’s not a perfect solution, but it can help in some situations.
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40 votes
Thanks for the ongoing support in this idea, team. I want to be upfront that we don't currently have any plans for adding Discuss to reports however we'd like to keep tracking the support of this with community here, and will share if there are any changes to update you of.
An error occurred while saving the comment Optimus Fintech
commented
If you want to learn more ideas and useful information about bank reconciliation, refer to the following link: https://optimus.tech/knowledge-base/bank-reconciliation.
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143 votes
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248 votes
Hi everyone, we've been tracking this idea for some years now and truly value all the feedback we've heard on the desire and time saving reducing the manual steps in reconciliation
would achieve. We completely get wanting to skip that extra ‘OK’ click when you trust the suggested matches.
We’re excited to share that this idea is now in development. At Xerocon this year we shared automated bank reconciliation - Using JAX to automatically match and categorise your bank transactions with your Xero transactions.😊
It's in beta already and being tested by a small group of users atm, and as soon as we have more to share on this rolling out wider I'll give you another update here. Thanks again for helping us shape the future of Xero!
An error occurred while saving the comment Optimus Fintech
commented
For financial or payment reconciliation practices, here is another new software to ease your productivity. Website link: https://optimus.tech/
Check here to achieve seamless financial reconciliation process and transactions in bulk/large volume with AI tools.
https://optimus.tech/banks-reconciliation